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![The central bank of central banks advises calm about deflation](/pf/resources/images/placeholders/placeholder_l.png?d=793)
The central bank of central banks advises calm about deflation
The central bank for central banks has some advice for policymakers fretting about deflation: Don't.
![Protesters besiege inauguration of ECB's $1.4b HQ](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Protesters besiege inauguration of ECB's $1.4b HQ
Anti-austerity protesters seeking to spoil the inauguration of the ECB's new HQ in Frankfurt left a trail of destruction across the city.
![Property, retail drive economy growth](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Property, retail drive economy growth
New Zealand's economy grew 0.8 per cent in the last three months of 2014, led by retail and accommodation, Statistics New Zealand said today.
![When Yellen gets less predictable she's getting back to normal](/pf/resources/images/placeholders/placeholder_l.png?d=793)
When Yellen gets less predictable she's getting back to normal
Janet Yellen wants to be less predictable, if only a little.
![Current account deeper in the red](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Current account deeper in the red
New Zealand's external accounts sank deeper into the red during the last three months of 2014.
![Dollar extends gains following weak US retail sales](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dollar extends gains following weak US retail sales
The NZ dollar extended its gains overnight after the Reserve Bank's better-than-expected outlook for the local economy.
![Property sales surge in February](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Property sales surge in February
More properties were sold last month than during any February since the last property boom of 2007, latest figures from the REINZ show.